WINDFALL MILLIONS: Govt quiet on future of free credits
28 Apr 2016
The Government is being cagey over whether it will cancel millions of dollars worth of carbon units heavy emitters might be sitting on after using international carbon credits of dubious quality to meet their emissions liabilities.
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Aluminium giant Rio Tinto is a recipient of free credits |
Every year, the Government gives trade-exposed heavy emitters carbon credits to cover up to 90 per cent of their emissions.
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Story copyright © Carbon News 2016
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